The economy is "going down a dark road," says Robert Reich, former US Secretary of Labor under President Bill Clinton. With job growth showing a slowdown and real wages decreasing for most people, Reich argues that the Democrats have lost touch with the working class and are too beholden to big money.
Reich's message has become increasingly urgent as he warns about the dangers of income inequality and the erosion of democracy under Trump's presidency. "This is not just an economic issue," he says. "It's a crisis of democracy."
The Intercept Briefing conversation with Reich highlights several key issues, including:
1. The impact of neoliberal policies on the working class: Reich argues that the Democrats' failure to challenge these policies has led to widespread income inequality and erosion of workers' rights.
2. The dangers of authoritarianism under Trump's presidency: Reich warns that the US is moving towards an "authoritarian regime" and that this poses a threat to democracy and human rights.
3. The need for a more progressive economic agenda: Reich advocates for policies like increased taxes on the wealthy, a higher minimum wage, and greater investment in public goods and services.
Overall, Reich's message is clear: the Democrats must do more to address income inequality and challenge the forces of authoritarianism if they want to protect democracy and ensure that the economy works for all Americans, not just the wealthy elite.
Reich's message has become increasingly urgent as he warns about the dangers of income inequality and the erosion of democracy under Trump's presidency. "This is not just an economic issue," he says. "It's a crisis of democracy."
The Intercept Briefing conversation with Reich highlights several key issues, including:
1. The impact of neoliberal policies on the working class: Reich argues that the Democrats' failure to challenge these policies has led to widespread income inequality and erosion of workers' rights.
2. The dangers of authoritarianism under Trump's presidency: Reich warns that the US is moving towards an "authoritarian regime" and that this poses a threat to democracy and human rights.
3. The need for a more progressive economic agenda: Reich advocates for policies like increased taxes on the wealthy, a higher minimum wage, and greater investment in public goods and services.
Overall, Reich's message is clear: the Democrats must do more to address income inequality and challenge the forces of authoritarianism if they want to protect democracy and ensure that the economy works for all Americans, not just the wealthy elite.